# OpenAI at $1.6B ARR

On 2023/12/31, The Information reported that US company OpenAI generated more than USD 1.6 billion in annual revenue in 2023, substantially exceeding the USD 1.3 billion expected in month 10 of the same year. Management expected 2024 revenue to reach USD 5 billion, compared with just USD 28 million in full-year 2022, indicating extremely rapid growth.



Canonical: https://uniquebase.ai/news/74ea1013-3a09-4ee4-aaba-b57c73b3b85f
Stable identifier: 74ea1013-3a09-4ee4-aaba-b57c73b3b85f
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:37.525Z

## Connected profiles

- [OpenAI](/companies/openai)

## Sources

- https://www.theinformation.com/articles/openais-annualized-revenue-tops-1-6-billion-as-customers-shrug-off-ceo-drama